Pump.fun, the largest memecoin launchpad on Solana, just unveiled a revenue-sharing initiative

Pump.fun, the largest memecoin launchpad on Solana, just unveiled a revenue-sharing initiative that could help it keep its market share

Pump.fun, the largest memecoin launchpad on Solana, just unveiled a revenue-sharing initiative that could help it keep its market share and remain the network’s dominant memecoin launchpad.

According to an X post shared on Monday, May 12, Pump.fun is giving 50% of its revenues to creators, a move that could eliminate the need for devs to rug their communities for quick cash.

CREATOR REVENUE SHARING is finally here!!!

50% of PumpSwap Revenue is now shared with Coin Creators 🤯🤯🤯

create a coin and start earning every time someone places a trade NOW

continue reading to learn more pic.twitter.com/XmdpFdIUhV

— pump.fun (@pumpdotfun) May 12, 2025

According to the post on X, token creators will earn 0.05% in SOL every time someone trades their coins. So, if a token achieves up to $10 million in volume, its creators will have earned $5,000, which will be instantly redeemable on-chain via their profile.

Users will qualify for the revenue sharing if their token is new, still on the bonding curve, or if it graduated to PumpSwap, Pump.fun’s recently launched DEX. Creators will only start earning fees on trading volume from May 12, when the update was revealed.

In the past, memecoin creators on the Pump.fun platform and other similar platforms only profited off their creations by selling their personal hoard, a move that many degens often associate with scam tokens and rugpulls, especially if the creator dumps indiscriminately after it gains traction.

With this new revenue-sharing model, creators no longer have to resort to selling their tokens just to make something out of their projects. This could influence the caliber of memecoins created as creators now have an incentive for their tokens to gain traction.

Other than the bad rap Pump.fun earned for creators’ rug pulls, it has also gotten backlash for making so much from its users without giving anything back in the form of airdrops or other similar incentives.

The new revenue-sharing model is a step toward rejuvenating user sentiments.

Pump.fun has cashed out big time from collected fees. According to a report by Lookonchain, the launchpad deposited 95,934 SOL (about $13.33 million) to Kraken, bringing its total deposit to Kraken to 2,979,352 SOL (about $556.87 million) at $187, and sold 264,373 SOL for 41.64 million USDC at $158.

Pump.fun faces competition for market share

Pump.fun is the biggest memecoin launchpad on Solana, with billions achieved in volume in 2025, accounting for 2.8% of all protocol volume on Solana. Even in terms of transaction count, the project dominates Solana, accounting for as high as 62% of all Solana transactions in November 2024.

Raydium was a big part of the meme token launchpad’s success story. However, in March of this year, Pump.fun announced the launch of Pumpswap, a “frictionless environment” for trading memecoins launched on its platform, eliminating the dependence on Raydium.

Raydium reportedly saw it coming and launched its own meme launchpad equivalent, Launchlabs, in April, hoping to reclaim some memecoin market share.

After Launchlabs became active, it struggled because Pump.fun maintains its monopoly on memecoin market share and continues to roll out updates to keep its users.

Still, Launchlabs is not the first platform to compete for meme market share, and even though it has shown great early momentum, there is no guarantee it will be able to sustain that momentum or eventually break Pump.fun’s stranglehold on virality.

Tron’s memecoin launchpad, SunPump, also showed similar early success, peaking at 51% of daily new memecoin launches in August last year. However, as things stand, SunPump has faded almost entirely into obscurity.

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